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International Journal of Social Economics, 1979
In this article we shall argue that the Keynesian revolution was a revolution in the sense of Kuhn and that Kuhn's conceptual framework provides a better understanding of the convulsive changes that took place in macro‐economics in the twenties and thirties than alternative growth of knowledge theories that are being discussed in the economics ...
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In this article we shall argue that the Keynesian revolution was a revolution in the sense of Kuhn and that Kuhn's conceptual framework provides a better understanding of the convulsive changes that took place in macro‐economics in the twenties and thirties than alternative growth of knowledge theories that are being discussed in the economics ...
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Keynesian Ideas, Keynesianism and Keynesian Social Democracy
1997The collapse of the Keynesian paradigm and the concomitant decline of social democracy call forth a discussion of concepts such as ‘Keynesian economics’, ‘Keynesianism’ and ‘Keynesian social democracy’. All of these terms, and others beside, have varying degrees of relevance to the retreat from full employment and the policies we have associated with ...
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Keynesians, New Keynesians and the Loanable Funds Theory
1997Two of the major tenets of ‘New Keynesian Economies’ are (i) that capital market imperfections are due to information asymmetries, and (ii) that the supply of credit is endogenous, giving rise to the possibility of credit rationing.2 Points (i)-(ii) imply that economic activity is mainly affected not by the amount of money and the related interest rate
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A “POST‐KEYNESIAN” ALTERNATIVE TO “KEYNESIAN” MACROMODELS
Journal of Economic Studies, 1979This paper presents, both diagrammatically and algebraically, a two‐sector model that exemplifies and shares some of the basic characteristics to be found in the work of Kalecki, Joan Robinson, Kaldor and, in general, the “Post‐Keynesian” school of writers.
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Journal of Money, Credit and Banking, 1977
Central to Keynes's indictment of classical economic analysis is the fundamental Keynesian proposition: a monetaty economy will not in general tend towards filll employment unaided by government policy. Analysis of this proposition in the context of conventional static macroeconomic theory is surely a prologue at best; examining models in which ...
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Central to Keynes's indictment of classical economic analysis is the fundamental Keynesian proposition: a monetaty economy will not in general tend towards filll employment unaided by government policy. Analysis of this proposition in the context of conventional static macroeconomic theory is surely a prologue at best; examining models in which ...
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Military keynesianism: An assessment [PDF]
Abstract The recent recession has seen something of a resurgence in the debate over military Keynesianism. Recent commentators, who should know better, have claimed that it would make sense to stimulate the U.S. economy through increases in military spending, as though this has not been a commonly contested view over the last 40 years.
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New Keynesian Economics / Post Keynesian Alternatives
2013The New Keynesian Economics has been the most significant development in economics in recent years. Does it actually build upon Keynes' work? In this volume, leading post Keynesian economists challenge New Keynesianism both on the grounds that it is not Keynesian, and does not provide an adequate account of our current economic problems.
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Keynesianism and the Keynesian Revolution in America
This collection is a tribute to a most faithful, true Keynesian, who read, thought, dreamt and promoted Keynes: Lorie Tarshis (1911–1993). This volume is focused on the important role of Lorie Tarshis’s brand of Keynesianism on the effect of the Keynesian revolution on economic thought in America.openaire +1 more source

